1.2 Billion Passwords Stolen by Russian Criminals

The Internet is becoming a more dangerous place every day, as demonstrated by the amount of data breaches that have come to light in the past year alone. It seems that every time we turn around there’s another data breach – Target, eBay, P.F. Chang’s. Possibly even worse than those data breaches are the breaches that involve billions of passwords to sites that we’re still unsure about. It’s estimated that Russian criminals stole credentials from over 420,000 websites recently. These websites range from local mom and pop type websites all the way up to the big names. The big issue – the names of the sites can’t be released due to non-disclosure agreements.

What Does This Mean for Me?

Surprisingly, these thieves don’t seem to be interested in anything financial. They’ve simply been gathering peoples’ data from different websites. That’s the reason that it’s taken so long for people to become aware of the problem. Since most individuals and companies aren’t being targeted directly, those individuals and companies haven’t noticed that anyone has stolen their credentials. The problem is that these criminals could, at any time, decide that they want your financial information. This means that as an Internet user, you need to be extremely careful about your credentials as well as where you share your credit card information.

How Can I Improve My Cyber Security

There are many different ways to do this, but CNN has a few suggestions for this particular type of attack that could help you keep your credit card information under wraps and make it difficult for these criminals to access your information.

  • Use a two-factor security code – Many websites are starting to offer this. You’ll have your actual password (the one that you make up) as well as a second set of credentials. This is usually a randomly generated code from an app that you can download on your smart phone or tablet so that only you have access to that security code.
  • Be aware of who you’re giving your credit info to – Generally speaking, it’s best not to give your credit card information on the Internet. It can be unsafe, as hackers are capable of getting into all different types of websites. You should use a two-factor security code for whatever websites you give your credit card information to – it’s also advisable to use our rules for strong passwords whenever creating an account that uses your credit card.

Does your small business need some help in the cyber security department? Outsourcing your IT and learning more about it can be a great first step. To talk to someone about cyber security for your small business, give us a call at (443) 992-7394. We’d be happy to assist you with your professional business networking needs.

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Source: CNN Money